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AUSGROUP
pharoah88 ( Date: 10-Apr-2010 16:46) Posted:
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AUSGROUP has THREE KEY SECTORS
Oil
Gas
COmmOdities
Situation is not that bad if you know how to time the entry and exit of the price, of course not the accuracy of it, but at least somewhere near to it... and so to the Technical Analyst Chart! which something you can't miss out , candlesticks, volume, indicators to confirm the uptrend/downtrend and.. with patience cultivation , you can ride the waves of Ausgroup even in short term..
It's depends on how you see it though the risk of any stocks still there, like unforseen circumstances that can have impact on the stock itself, eg: China Milk.
Star-Trader
star-trader ( Date: 16-Apr-2010 11:58) Posted:
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pharoah88 ( Date: 19-Apr-2010 11:50) Posted:
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grass8eater ( Date: 16-Apr-2010 10:36) Posted:
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grass8eater ( Date: 13-Apr-2010 16:44) Posted:
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grass8eater ( Date: 19-Apr-2010 11:51) Posted:
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Some news to share from KElive...... Suggested trading Sell!!
Your thoughts please...
"Ausgroup dipped 0.5¢ to close at $0.665 on a traded volume of 3.5m
shares last Friday. The stock failed to penetrate the downward sloping
resistance line suggesting that traders could be profit taking at current
levels. Both RSI and Stochastic Oscillator are losing momentum and
have started to reverse from the overbought levels. We expect the
stock to retrace to previous breakout point at $0.615; stop
$0.695.
Ausgroup's 2Q10 net profit fell 33% yoy to A$3.4m in tandem with
lower revenue of A$85.8m (
levels in its manufacturing, fabrication and construction segments. As
at end
The key challenge has been the impact of the strong AUD on the
group's Australian operations which has been further impacted by low
activity levels and strong competition from Asia. Activity levels in the
Western Australian mineral resources sector and the Singapore subsea
equipment sectors remain well below 2008 highs. However, Ausgroup's
balance sheet remains healthy with a low net gearing of 5.1%.
The stock is currently trading at consensus 16x FY10 and 9x FY11 P/Es.
Looking ahead, management expects earnings to remain weak due to
lower than expected activity levels in Australian fabrication operations,
timing related profit recognition issues on some projects and continued
tight margin pressures across the business."
AUSGROUP has THREE KEY SECTORS Oil Gas COmmOdities |
In short-term basis,on my personal opinion on the chart itself, Will wait sideline for Ausgroup before re-enter again. Better bet will be Ezion Holdings but take a look on the candlesticks signal the next trading day before lock-in your position.
SOBAYOR,
Star-Trader
S$0.78
Thank gOd iTS FRiDAY
CHERRIES PiCKiNGS
S$0.660
Well, yes when it gap open on 12 Apr and didn't stay on that price range or move upwards.. Profits reaping but short term , will ride on the wave when buying signal is intact again. Personally, sold half of my balance on Ausgroup lots at 0.675 on 12 Apr itself.
Now not holding any of it but definitely will relook to re-enter again in short term , definitely as to ride on the mini E-wave again when the opportunity arises again and when the accumulation signal is shown.
SOBAYOR,
Star-Trader
S$0.78